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Quantitative Risk Manager Jobs in Geneva, IL (NOW HIRING)

Industry Risk Manager

Chicago, IL · On-site

$103K - $171K/yr

As a Manager within our Industry Risk team, you will support Bankers and KYC Officers by providing ... Ability to soundly execute quantitative and qualitative analysis and draw salient conclusions

... quantitative risk analysis - including alpha decomposition, stress testing, and optimization - to inform manager evaluation, position sizing, and asset allocation. This person will build and apply ...

Investments Risk, Principal

Chicago, IL · On-site

$175K - $215K/yr

... quantitative risk analysis - including alpha decomposition, stress testing, and optimization - to inform manager evaluation, position sizing, and asset allocation. This person will build and apply ...

Hedge Fund Risk Manager

Chicago, IL · On-site

$80K - $133K/yr

We are seeking an experienced Risk Manager to join our investment team and oversee risk across a ... Strong analytical and quantitative skills* Ability to interpret limited transparency data*

We are seeking an experienced Manager, Model Risk Management to support a large global bank's Risk ... Quantitative Risk, or Enterprise Risk Management within banking or financial services. * Strong ...

Sr. Quantitative Finance Manager

Chicago, IL · On-site

$112K - $153K/yr

Sets quantitative work priorities in line with the bank's overall strategy and prioritization ... Risk Manager: Inspects and challenges risk controls, governance and culture to ensure the timely ...

Showing results 21-40

Quantitative Risk Manager information

See Geneva, IL salary details

$50.3K

$108.9K

$165.9K

How much do quantitative risk manager jobs pay per year?

As of Sep 10, 2026, the average yearly pay for quantitative risk manager in Geneva, IL is $108,876.00, according to ZipRecruiter salary data. Most workers in this role earn between $87,800.00 and $125,900.00 per year, depending on experience, location, and employer.

What is a quantitative risk manager?

A Quantitative Risk Manager is a professional who uses mathematical models, statistical analysis, and quantitative techniques to identify, measure, and manage financial risks within an organization. They often work in banks, investment firms, or insurance companies to analyze market, credit, and operational risks. Their responsibilities include developing risk models, monitoring risk exposures, and advising senior management on risk mitigation strategies. They play a key role in ensuring that organizations make informed decisions and comply with regulatory requirements.

How does a quantitative risk manager typically collaborate with other departments within a financial institution?

Quantitative Risk Managers work closely with teams such as trading, compliance, IT, and senior management to identify, measure, and mitigate financial risks. They often translate complex quantitative models into actionable insights for non-technical stakeholders and facilitate the integration of risk metrics into daily decision-making processes. Collaboration is essential for ensuring that risk assessments align with business objectives and regulatory requirements, often requiring regular cross-functional meetings and clear communication.

What are the key skills and qualifications needed to thrive as a quantitative risk manager, and why are they important?

To thrive as a Quantitative Risk Manager, you need strong analytical abilities, a deep understanding of statistics and financial mathematics, and typically an advanced degree in finance, mathematics, or a related field. Proficiency in programming languages like Python or R, experience with risk modeling software, and certifications such as FRM or CFA are highly valuable. Exceptional problem-solving, communication, and collaboration skills help you convey complex risk metrics to stakeholders and work effectively in cross-functional teams. These skills ensure accurate risk assessments, regulatory compliance, and informed decision-making in dynamic financial environments.

What is the difference between Quantitative Risk Manager vs Quantitative Analyst?

AspectQuantitative Risk ManagerQuantitative Analyst
Primary FocusAssessing and managing risk exposure across financial portfoliosDeveloping models and algorithms for investment strategies
Required CredentialsAdvanced degrees in finance, mathematics, or related fields; certifications like FRM or CFADegrees in finance, mathematics, or statistics; often pursuing CFA or similar
Work EnvironmentFinancial institutions, risk management departmentsInvestment firms, hedge funds, banks
Key SkillsRisk assessment, regulatory knowledge, quantitative modelingData analysis, programming, financial modeling

While both roles involve quantitative skills and financial knowledge, Quantitative Risk Managers focus on identifying and mitigating risks within organizations, whereas Quantitative Analysts primarily develop models to inform investment decisions. Understanding these differences helps professionals choose the right career path or job search focus.

What job categories do people searching Quantitative Risk Manager jobs in Geneva, IL look for?

The top searched job categories for Quantitative Risk Manager jobs in Geneva, IL are:

What cities near Geneva, IL are hiring for Quantitative Risk Manager jobs?

Cities near Geneva, IL with the most Quantitative Risk Manager job openings:

Infographic showing various Quantitative Risk Manager job openings in Geneva, IL as of September 2026, with employment types broken down into 96% Full Time, and 4% Contract. Highlights an 84% In-person, 6% Hybrid, and 10% Remote job distribution, with an average salary of $108,876 per year, or $52.3 per hour.

Industry Risk Manager

Chicago, IL • On-site

JPMorgan Chase & Co.
Finance and Insurance • 10K+ employees

$103K - $171K/yr

Other

Medical, Retirement

Re-posted 28 days ago


JPMorgan Chase & Co. rating

7.9

Company rating: 7.9 out of 10

Based on 500 frontline employees who took The Breakroom Quiz


Job description

  • Business Unit Commercial & Investment Bank
  • Posting Date 07/14/2026, 02:18 PM
  • Locations 10 S Dearborn St, Chicago, IL, 60603, US 8181 Communication Pkwy, D2, Plano, TX, 75024, US 560 Mission St, San Francisco, CA, 94105, US 3424 Peachtree Rd NE, Atlanta, GA, 30326, US
  • Job Schedule Full time
  • Job Shift Day
  • Base Pay/Salary Chicago,IL $108,000.00-$183,000.00; Atlanta,GA $103,000.00-$171,000.00; San Francisco,CA $118,750.00-$195,000.00
Job Description

Join the team of motivated, detail-oriented professionals eager to make an impact. This role offers an excellent opportunity to expand your experience in industry risk, controls, data analytics, and cross-functional initiatives within a collaborative and fast-paced environment. You will be involved in the comprehensive specialized due diligence of prospective clients across Commercial & Investment Banking contributing to our mission of maintaining the highest standards of compliance and risk management.

As a Manager within our Industry Risk team, you will support Bankers and KYC Officers by providing subject matter expertise regarding AML risks presented by specific High-Risk Industries (TPPPs, MSBs, FinTechs, Casino/Gaming, and VASPs). You will identify opportunities to partner with colleagues to develop new control capabilities or enhance existing control programs to mitigate risk.

Job Responsibilities:

  • Manage client and partner expectations and understanding in a consultative way
  • Exhibit ownership of KYC/AML experience and client experience
  • Conduct Specialized Due Diligence and lead AML due diligence discussions for specific high-risk industries
  • Ensure KYC/AML deliverables are met and hold partners accountable
  • Proactive management of all AML/KYC and escalation activities to meet qualitative and timeliness requirements
  • Proactive identification, escalation and ownership of risk controls
  • Provide consultative views of risk assessment based on high-risk industry expertise
  • Independently manage renewal cycle of LCEs in partnership with Relationship Management, and other KYC Officers
  • Accountable for timely portfolio management while maintaining quality expectations

Required qualifications, capabilities, and skills:

  • Bachelor’s Degree or equivalent relevant experience
  • Ability to soundly execute quantitative and qualitative analysis and draw salient conclusions
  • Excellent verbal and written communication skills
  • Ability to present information in a concise and effective manner
  • Strong interactive personal skills and ability to influence others for positive results
  • Strong organizational skills both personally and across working team to meet deadlines in a fast-paced environment
  • Some travel may be required (less than 25%) to support various client coverage teams
  • Experienced in providing innovative and proactive solutions
  • Excellent attention to detail
  • Proficient in Microsoft Word, Excel, Power Point Pitch Pro

Preferred qualifications, capabilities, and skills:

  • Relevant experience in AML/KYC, Risk Management, Security, and/or Law enforcement specific to fraud and illicit money movement
  • Strong understanding of AML and BSA regulatory requirements
  • Strong client focus and ability to partner with various internal groups and client coverage
  • Independent, self-motivated with an ability to adapt and be flexible in a team environment
  • Deep understanding of high-risk industries specific to AML client and product risk
  • Ability to navigate complex client relationships and product usage
About Us

JPMorganChase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world’s most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.

We offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.

We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as mental health or physical disability needs. Visit ourFAQs for more information about requesting an accommodation.

JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans

About the Team

J.P. Morgan's Global Banking business is one of the largest wholesale banking client franchises in the world. We serve clients, including corporations, governments, states, municipalities, healthcare organizations, education institutions, banks and investors.

Global Investment Banking supports a broad range of corporations, institutions and governments by providing strategic advice, capital raising and risk management expertise.

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